1. Elon Musk's Defense of his Tesla Tweets is 'Flawed,' SEC Says

    Elon Musk's Defense of his Tesla Tweets is 'Flawed,' SEC Says

    Corporate - governance experts said the SEC could push for starker penalties for Musk, Tesla or its directors - including an outright ban blocking him ...

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    1. Musk's contention - that the potential size of a car company's production for the year could not reasonably be material - borders on the ridiculous.
    2. Musk's unchecked and misleading tweets about Tesla are what precipitated the SEC's charges, and the pre-approval requirement was designed to protect against reckless conduct by Musk going forward.
    3. Such brazen disregard of this Court's order is unacceptable and unworkable going forward.
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